Wellington Finance Committee Advisory Board Agenda November 18 2024
38% Premium Hike for CIRSA Insurance Coverage
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Description
The Town of Wellington continues its insurance coverage through CIRSA, with premiums set to increase by 38% for 2025. CIRSA provides property and casualty liability protection for the municipality.
Contract Details
Vendor
COLORADO INTERGOVERNMENTAL RISK SHARING AGENCY CIRSA
Agency
Town of Wellington, CO
Contract Type
INSURANCE
Document Date
November 18, 2024
Contract Term
January 1, 2025 – December 31, 2025
Renewal Date
2025-12-31
Renewal Info
Renewed annually as part of the budget process. Premium adjustment reflected in departmental budgets for 2025.
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